Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Aug 29 - European shares hit two-week highs on Tuesday as mining stocks led gains tracking strength in metal prices and NN Group jumped after reporting first-half results.NN Group advanced 10.4% to the top of the STOXX 600 and a near six-month high after the Dutch insurer said its capital position had improved in the first six months of 2023.
"The fact that we are now seeing some serious moves by Chinese authorities to stoke growth will be incredibly welcomed by investors," said Danni Hewson, head of financial analysis at AJ Bell. Europe's largest bank HSBC , which also does business in China, gained 0.4% while insurer Prudential rose 3.9%, boosting the STOXX 600.
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